Aurelia Metals LimitedASX: AMI

June Quarter 2026 Results

· Issued by Aurelia Metals Limited
June Quarter 2026 Results

On 20 July 2026, we released our June Quarter 2026 results to the market.

We were pleased to report a strong finish to FY26, with gold production exceeding the top end of revised guidance, strong operating cash flow and a further strengthening of the Company's balance sheet.

The June quarter saw gold production reach 15.3koz, contributing to total FY26 gold production of 50.4koz, above revised guidance of 45-50koz. Base metal production, operating costs and capital expenditure were all delivered in line with guidance.

Federation increased mined tonnes and delivered significantly higher grades, while the Peak Processing Plant achieved a record quarterly throughput of 230kt. Growth projects also continued to progress in line with plan, with advancement of the Great Cobar Project and ongoing work to expand processing capacity at Peak.

The quarter also delivered Aurelia's highest quarterly operating cash flow since 2018, with Cobar Region operating cash flow reaching $53.1 million. Cash balances increased to $143.9 million, supported by the completion of new financing facilities and the release of restricted cash.

Speaking about the final quarter during his tenure with Aurelia, Managing Director and Chief Executive Officer, Bryan Quinn said it reflected the strength of Aurelia's operations and growth strategy.

"Operational performance continued to improve through the quarter. Peak delivered record quarterly plant throughput, Federation ore mined increased again with a significant accompanying lift in grades, and strong metal production supported Aurelia's highest quarterly operating cash flow since 2018.

Importantly, this was achieved while continuing to build ore stockpiles and progress the projects required to support the next stage of production growth.

"Aurelia enters FY27 with a stronger financial position following completion of new financing facilities, commissioning of the new thickener at Peak and continued progress on the tertiary ball mill and Great Cobar projects," Bryan said.

As he prepares to conclude his tenure as Managing Director and Chief Executive Officer later this month, Bryan reflected on the Company's transformation and future outlook.

"I am proud of what Aurelia has achieved during my time with the Company. We have strengthened our asset base, built a high performing team, delivered a robust balance sheet, achieved exploration success and established a clear pathway to achieving our production growth strategy.

"FY26 finished strongly and provides a solid foundation for the year ahead. Aurelia is now exceptionally well positioned to create meaningful value for shareholders through FY27 and beyond. It has been a privilege to lead the Company through this period of transformation and growth and I leave with great confidence in its future," Bryan concluded.

Head to the Investor Centre for the full results.

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